California Insurance Code ARTICLE 1 - Capital and Scope of Business

• Section 12050.
  An incorporated insurer issuing surety policies on the reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700. 01 to...
• Section 12051.
  During the first three years following its admission, the insurer’s assets in an amount equal to its required paid-in capital shall be in cash or...
• Section 12052.
  After such three-year period, investments of such insurers are subject only to the provisions of this code regulating generally the investments of other incorporated insurers...
• Section 12055.
  An insurer admitted in the State to transact credit insurance may also acquire and dispose of debts so insured and collect any debts owed to...

Last modified: October 22, 2018